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Home » Nigeria » Coalition leads protest in Lagos over scarcity of new Naira notes (VIDEO)

Coalition leads protest in Lagos over scarcity of new Naira notes (VIDEO)

...sends strong warning to banks working against CBN policy

Bartholomew Madukwe by Bartholomew Madukwe
2 months ago
in Nigeria, Top Story
Reading Time: 2 mins read
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CCSGG leads protest in Lagos over scarcity of new Naira notes (VIDEO)
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As the scarcity of new Naira notes in the country continue to generate reactions, a group under the auspices of the Coalition of Civil Society Organizations for Good Governance (CCSGG) on Thursday staged a protest in front of the headquarters of various commercial banks in Lagos State.

In the video making rounds on social media, the protesters accused banks of working against the redesigned policy of the Central Bank of Nigeria (CBN) thereby making life difficult for ordinary Nigerians.

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The group warned that they will not hesitate to shut down any bank henceforth fingered in the sabotage process, chanting and calling for the release of new naira notes.

Etuk Williams Bassey, the president of CCSGG, who led the protest said the organizations are unhappy with how banks are responding to the CBN’s new Naira notes guidelines.

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Bassey said the coalition has chosen to support the CBN to make sure banks comply with the instructions from the Apex Bank.

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In his words: “He said: “We gathered here today to show our unalloyed solidarity to the CBN Governor and President Buhari on the new currency note policy that has come to stay.

“From the time of the introduction of the new naira notes we have seen saboteurs working against the policy via several collaborative efforts to derail the entire process.

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“We are grateful for the unreversed position taken by the CBN governor with support from Mr. President on the policy. It is on record that the last time we embarked on such policy was 19 years ago, and it can only be made possible with a determined leader as exemplified in the Governor of CBN with full support from Mr. President.”

He said they will monitor the independent activities of the banks to ensure that they comply with the CBN guidelines.

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“A visit to banks revealed that no new naira notes nor is it available at their ATM machines. We hereby use this medium to send a strong warning to the banks whose aim is to further connive with enemies of the state to sabotage this great window given for masses to do the needful.”

CCSGG leads protest in Lagos over scarcity of new Naira notes (VIDEO)

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Bassey also called on Nigerians to take advantage of the extension and go out to swap their old Naira notes.

Another video showed desperate Nigerians forcing their way into a bank.

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TheNewsGuru.com reports that PoS operators all over the country have adjusted their charges for cash withdrawals.

In a chat with some PoS operators in Lagos, they all confirmed an increase in charges.

CBN has given Nigerians another deadline of February 10, 2023, for them to return their old naira notes.

Watch the video below

Just in: Protest rocks Lagos over scarcity of new Naira notes pic.twitter.com/80WXKvXy3k

— REMEDY BLOG 👀 (@remedy_blog) February 2, 2023

 

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